Tradr ETFs to launch 2X leveraged ETFs on Astera Labs, Datadog on August 12.

• Tradr ETFs to launch 2X leveraged ETFs on Astera Labs and Datadog on August 12. • Funds to grow Tradr's leveraged ETF lineup to 21. • Astera Labs and Datadog represent compelling growth narratives within the AI theme.

August 12, 2025 - Tradr ETFs, a leading provider of leveraged ETFs, has announced the upcoming launch of two first-to-market leveraged single-stock ETFs on Astera Labs (NASDAQ: ALAB) and Datadog (NASDAQ: DDOG). The new ETFs, Tradr 2X Long DDOG Daily ETF (Cboe: DOGD) and Tradr 2X Long ALAB Daily ETF (Cboe: LABX), are set to expand Tradr's leveraged ETF lineup to a total of 21 funds.

Since late-April, Tradr has introduced 2X long leveraged ETFs on 12 stocks, accumulating approximately $400 million in assets under management. These ETFs are specifically designed for sophisticated investors and professional traders seeking high-conviction investment opportunities in the AI theme. The launch of the new ETFs on Astera Labs and Datadog underscores the growing interest in these companies' roles in the AI and cloud infrastructure sectors.

Astera Labs, a semiconductor connectivity solutions provider, has been experiencing strong financial performance. In the second quarter of fiscal year 2025, the company reported record revenue of $191.9 million, representing a 20% quarter-over-quarter and 150% year-over-year growth. The company also achieved a GAAP gross margin of 75.8% and operating income of $39.8 million. For Q3 FY2025, Astera Labs projects revenue between $203-210 million with expected GAAP diluted EPS of $0.23-0.24 [1].

Datadog, a leading cloud-based monitoring and analytics platform, has also been performing well. The company has seen significant growth in its user base and revenue, driven by increasing demand for cloud-native monitoring solutions. Datadog's strong financial performance and strategic partnerships have positioned it as a key player in the AI and cloud infrastructure sectors.

The launch of these leveraged ETFs by Tradr ETFs is expected to attract investors seeking exposure to the AI theme. The 2X leverage in these ETFs will allow investors to amplify their exposure to the stocks of Astera Labs and Datadog, potentially offering significant returns if the underlying stocks perform well. However, investors should be aware of the higher risk associated with leveraged ETFs.

In summary, the upcoming launch of Tradr 2X Long ALAB Daily ETF and Tradr 2X Long DDOG Daily ETF represents an opportunity for investors to gain exposure to the AI theme through leveraged ETFs. The strong financial performance of Astera Labs and Datadog, along with their growing roles in the AI and cloud infrastructure sectors, make these companies compelling growth narratives. Investors should carefully consider their risk tolerance and investment objectives before investing in these leveraged ETFs.

References:
[1] https://www.stocktitan.net/news/ALAB/